CATL(SZ:300750) 2 1 Shi Ji Jing Ji Bao Dao·2026-02-06 08:38Group 1 - The core point of the article revolves around the changing rumors regarding CATL's acquisition of Huawei Digital Energy, with initial reports suggesting a full acquisition, but later clarifications indicating a potential 20% stake acquisition instead [2][3] - Previous negotiations between CATL and Huawei Digital Energy faced significant disagreements, particularly regarding the valuation of the business, with Huawei quoting approximately 400 billion yuan and CATL only willing to offer 150 billion yuan, leading to stalled discussions [3] - Huawei Digital Energy's business is substantial, with a reported revenue growth of 24.4% in 2024, reaching 68.678 billion yuan, surpassing many independent energy companies [5] Group 2 - CATL, as the global leader in power battery supply, aims to enhance its image as a zero-carbon energy ecosystem builder, especially in light of increasing competition and market saturation in the battery industry [6] - The strategic focus on energy storage is seen as a key opportunity for CATL, which has begun mass production of next-generation energy storage cells, although it still faces challenges in the AC side capabilities [6][7] - A partnership with Huawei Digital Energy could enable CATL to create a complete energy storage ecosystem, transitioning from merely selling battery cells to providing comprehensive energy storage solutions, thereby increasing product value and customer loyalty [7]